TECHNICAL ANALYSIS BY AMEGA
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Technical analysis by AMEGA - Opinion

Review EUR/USD
07-02-2019, 08:39:43
Review date
test

Medium-term trend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.13759-1.13713 and it has a potential to reach the target zone №2 1.13299-1.13207. The best prices to try to have a short position are the control resistance zone 1.14576-1.14484. In case of the price is fixed upper the control resistance zone the medium-term trend will be changed to the bull market and all short positions should be closed.

Trading recommendation: 

It’s recommended to try to have a short position near the control resistance zone 1.14576-1.14484 (100 points from current minimum)with using the pattern «Head&Shoulders» at least on timeframe M15.

The control resistance zone is constructed from the current minimum. If this minimum changes by n points the zone should also be shifted n points down. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

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EXCLUSIVE ANALYTICS
15-02-2019, 08:19:02
Review USD/CAD

It’s recommended to try to have a long position near the control resistance zone 1.32392-1.32287 (111 points from current minimum) with using the pattern «Head&Shoulders» at least on timeframe M15.

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